Property Registration

Image

Property Registration

A document for purpose of registration has to be prepared by a competent Lawyer who well acquainted with the legal terminology, and the said lawyer has to prepare the document for registration by perusing the link documents, title, revenue records etc., for registration before the concerned Registrar on a sufficient stamp paper as per the value of the property being transferred subject to the registration value on each state. Thre are different types of documents to be registered based on the nature of transaction. It may be Sale Deed, Partition Deed, Gift Deed, Exchange Deed, Settlement Deed, Assignment Deed, Release Deed, Mortgage Deed, Lease Deed, License Deed etc. Each document has different stamp duty a part from legal expenses

The person who registering the document has to present before the concerned Registrar/Sub-Registrar who is having jurisdiction to register the instrument along with Identity Proofs. The person who is registering the document can also execute a registered Special Power of Attorney to execute the document on his behalf. The person who is registering can also give registered General Power of Attorney to register the document on his behalf. The person who is registering the document or intend to registering the document has to pay the stamp duty payable to the Government and also registration fee

After legal verification on the basis of the link documents the Deed may be drafted with the help of a competent attorney. Thereafter stamp paper for sufficient value with respect to the value of the property to be purchased from the government stamp vendor or official stamp vendor and should be purchaser Ie in the vendor or vendee or purchaser, assignee or assignor, mortgagor or mortgagee, lesser or lessee and first party or second party